Provisions to nonperforming loans in Cyprus

Cyprus: Provisions to nonperforming loans was 44.4% in 2020. ▼ Falling

Latest (2020)
44.4%
Change on year
down 11.7%
World rank
111th
of 140 countries
All-time high
67.9%
in 2008
All-time low
29.6%
in 2013
Years of data
13
2008–2020

Provisions to nonperforming loans in Cyprus, 2008–2020

02040602008201420202008: 67.9 %2009: 57.6 %2010: 45.3 %2011: 41.8 %2012: 38.7 %2013: 29.6 %2014: 31.1 %2015: 37.2 %2016: 41.4 %2017: 46.1 %2018: 47.8 %2019: 50.3 %2020: 44.4 %

Source: Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF). Measured in %.

Analysis

Cyprus recorded 44.4% for provisions to nonperforming loans in 2020.

That represents a change of down 11.7% on the previous year and down 1.9% over ten years.

Over the whole period, provisions to nonperforming loans in Cyprus peaked at 67.9% in 2008 and was at its lowest, 29.6%, in 2013.

Cyprus ranks 111th of 140 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 62.8% 57.6% 67.9% 2
2010s 40.9% 29.6% 50.3% 10
2020s 44.4% 44.4% 44.4% 1

Countries ranked near Cyprus

  1. 108 Macao 45.1% compare
  2. 109 Uganda 45.0% compare
  3. 110 Armenia 44.9% compare
  4. 112 New Zealand 43.6% compare
  5. 114 Finland 42.4% compare

See the full ranking of 140 places →

More financial sector data for Cyprus

All data for Cyprus →

Frequently asked questions

What is provisions to nonperforming loans in Cyprus?
Provisions to nonperforming loans in Cyprus was 44.4% in 2020, according to Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF).
What is the highest provisions to nonperforming loans recorded in Cyprus?
The highest recorded value was 67.9% in 2008.
What is the lowest provisions to nonperforming loans recorded in Cyprus?
The lowest recorded value was 29.6% in 2013.
How does Cyprus rank for provisions to nonperforming loans?
Cyprus ranks 111th out of 140 countries with data for 2020.
Is provisions to nonperforming loans rising or falling in Cyprus?
Over the last ten years it is down 1.9%. The long-run trend across the full record is falling.
Where does this Cyprus data come from?
The figures come from Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF), published as part of Provisions to nonperforming loans (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Provisions to nonperforming loans (%)
Unit
%
Source
Financial Soundness Indicators Database (fsi.imf.org), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
140 places, 2,230 data points, 1998–2020
Last refreshed

Provisions to nonperforming loans. Nonperforming Loans are loans for which the contractual payments are delinquent, usually defined as and NPL ratio being overdue for more than a certain number of days (e.g., usually more than 90 days). Reported by IMF staff. Note that due to differences in national accounting, taxation, and supervisory regimes, these data are not strictly comparable across countries.